Following price consolidation on Tuesday, bitcoin prices rebounded on hump-day, as markets reacted to the news that Russia will regulate, and not ban, crypto. Bitcoin Bitcoin was marginally higher on Wednesday, as the world’s largest cryptocurrency received a boost from ...
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New Crypto Casino Content To Be in the Spotlight of iGaming Providers in 2022 Finds BGaming
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The emergence of crypto has benefitted multiple sectors, most notably in remittances as more and more workers abroad are able to send money home without having to pay extortionate fees. However, another sector that has been able to benefit from ...
Bitfinex hack recovery spurs crypto community responses
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On Feb. 1, there were movements of around $2.5 billion from the 2016 Bitfinex hack wallets. After reviewing the transactions, Cointelegraph reported that around 90,000 Bitcoin (BTC), worth $3.6 billion, consolidated into one wallet address. More than a week later, ...
Russian Government Eyes $13 Billion in Taxes From Crypto Economy – Taxes Bitcoin News
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Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies ...
Upcoming Apple iPhone feature to give merchants a way to accept crypto payments
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Apple announced plans to launch Tap to Pay for iPhone, a new feature that effectively turns the smartphone into a point of sale (POS) device for businesses and merchants. So, what’s in it for crypto? The announcement explains that with ...
Kazakhstan Mulls Fivefold Increase of Electricity Tax on Crypto Mining – Mining Bitcoin News
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Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay ...
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister – Regulation Bitcoin News
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India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of ...
Crypto Exchange FTX Giving Away BTC During Super Bowl – Featured Bitcoin News
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Crypto exchange FTX is giving away bitcoin during the Super Bowl this weekend. The company estimates that each winner could receive between eight and 10 bitcoins. The actual prize amount depends on the time FTX’s Super Bowl commercial airs. FTX ...
‘China’s crypto ban had little impact on Neo,’ says organization’s developers
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Once hailed as the “Ethereum of China,” Neo’s token price has fallen on hard times ever since the world’s most populous nation introduced a series of acute bans on cryptocurrency operations last year. In an exclusive interview with Cointelegraph, Neo’s developers ...
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’ – Regulation Bitcoin News
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The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid introduction of a variety of crypto-asset or digital asset products into the financial system could pose significant safety and soundness ...